The 444 municipalities spanning Ontario will not be given the same power as the city of Toronto to impose a local land transfer tax.Municipal Affairs Minister Ted McMeekin surprised the Opposition during question period Tuesday by announcing the Liberal government would not allow towns and cities to impose their own land transfer tax on top of the ...

The surging growth of the Greater Toronto Area is putting new pressure on Milton.In 1955, less than 3,000 people lived in the town located about 55 kilometres west of Toronto. But between 2006 and 2011, Milton's population grew by 56 per cent, earning it the title of Canada's fastest growing community.Located next door to ...

Most ReadLand purchase adds investment opportunities in CalgaryA land purchase on the western outskirts of downtown Calgary will open up investment opportunities in the area, say experts.National home sales down in JanuaryNational home sales activity decreased month-over-month in January 2015, according to new figures, but the Canadian ...

Provinces mainly affected by sinking oil values are likely to drive a moderated housing market in 2016, said a new outlook report released today by the Canada Mortgage and Housing Corp. “Our market outlook calls for gradual moderation in the pace of new home construction over the next couple of years as employment, disposable income ...

Most Read10 top tips for a successful tenant background checkWe've all heard the horror stories of tenants who destroy property or fail to pay rent. A bad tenant can be a nightmare for any landlord, as well as both emotionally and financially draining.The 5 critical C’s of credit every investor must understandInvestor Marcel Greaux ...

Milton housing market a long way from reaching its peak: real estate executiveReal estate expertJohn S. Geha addresses his real estate colleagues about industry trends and growing their business.Milton Canadian ChampionBy Michael Gregory The Milton real estate market shows no sign of slowing down as “lifestyle” and housing ...

It’s not clear how far oil prices may drop or for how long they’ll stay down,” says CREA economist Gregory Klump. “How that plays out may affect the outlook for interest rates, jobAARON HARRIS / TORONTO STAR FILE PHOTO“With mortgage rates remaining at historic lows since the summer, activity has remained stronger for ...